What had your 401(k) been invested in prior to you moving it to Fisher? If the was mostly in stocks, all you were doing was changing the stocks that you were investing in, not 'putting a lump sum into the market' - the lump sum was already in the market.When Fisher got it, it was 100% cash. So to them it was indeed a lump sum.They neither knew, nor cared, nor asked, how it had been invested before. My directions to Fisher were: "Invest this for gains, not income. Aside from that, I'm paying you to invest it your way, so do as you will, without consulting me." (They had offered to run their picks past me and let me say yea/nay for each one.)Although, IIRC, it was mostly in an S&P index fund, and about 10% in my company stock.
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